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Posted on : Friday, 18 October, 2019  23:19
Location : delhi, laxmi nagar, mayur vihar , saket , , Delhi, Delhi
Phone Number# :
8860024911     Fax Number# : ---    
Website : http://loan.bucksbazaar.com/personal-loan-2/

What Is Personal Loan ?

What is a Personal loan?
A personal loan is a type of unsecured loan and helps you meet your current financial needs. You don’t usually need to pledge any security or collateral while availing a personal loan and your lender provides you with the flexibility to use the funds as per your need. It can serve as your solution for managing your travel costs and wedding expenses as well as the expenses of a medical emergency, home renovation, debt consolidation and others.

Feature Of Personal Loan
The rate of Interest – The rate of interest on Personal Loans is between 11-14% depending on your credit score, income and so forth.
Loan amount – You can get a Personal Loan for as low as 50,000 and as high as 50 Lakhs depending on your requirement and eligibility.
Loan Tenure – Festival loans are available for periods as short as 12 months. The average tenure for a Personal Loan is between 12 and 60 months,depending on the loan amount.
Security – Due to its unsecured nature, collateral is not required
Loan Turnaround Times – A Personal Loan typically has the fastest turnaround time in the industry. Many banks approve Personal Loans with in 48 hours after submission of the online application.
Processing Fees – It depends on the individual bank. Itusually ranges between 1- 2% of the loan amount.
Pre-payment Penalty – Banks charge pre-payment penalty if you repay your Personal Loan before the determined period. The charges range between 1-2% of the outstanding amount on the date of closure.
CALL US : +91-8860024911
Documents Required for Availing a Personal Loan:

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